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PTS Precision Index Oscillator V2

Overview of PTS Precision Index Oscillator V2

  • Created by Roger Medcalf from Precision Trading Systems.
  • This version has been optimized for faster loading and enhanced user experience.
  • The oscillator is designed to pinpoint extreme exhaustion points in market trends.
  • It provides traders with accurate timing signals to enter and exit trades efficiently. 🕒

    • How It Works

  • The Precision Index Oscillator calculates signal points based on a range of mathematical equations that assess price and volume movements.
  • Key feature includes alerts for +3.14 and -3.14 that indicate potential reversal points.
  • These signals enable traders to anticipate market turning points with a high degree of accuracy.
  • It utilizes various indicators like Demand Index, Money Flow, and RSI for robust signal generation.

    • Trading Strategy and Recommendations

  • Traders are advised to wait for a trend reversal signal before entering a trade.
  • It is recommended to use a moving average of about 10-20 periods to confirm trend direction prior to making trades.
  • Using the highest high of the last 6-20 bars can help in determining entry points.
  • Traders should maintain strict stop-loss measures, with suggested values of 2 to 5 times the Average True Range (ATR). 🚨

    • Key Rules to Follow

  • Always trade in the direction of the major trend.
  • Identify the most effective timeframe based on historical data.
  • Do not ignore the importance of using stop-losses to mitigate risks.
  • Wait for clear bounce signals away from the Pi value before executing trades.
  • Adhere to the established rules to enhance trading success.

    • Why Choose PTS Precision Index Oscillator V2?

  • This oscillator stands out from standard oscillators due to its sophisticated algorithm and reliable performance.
  • It aims to assist traders in efficiently timing their entries and exits.
  • With the ability to independently forecast price movements, it alleviates some of the inherent uncertainty in trading. 🌟

    • Curious about whether the PTS Precision Index Oscillator V2 truly delivers on its promises? Get ready to dive deep into a critical review that unpacks its potential advantages and drawbacks. We'll dissect user feedback, compare it with other indicators, and analyze whether this h ...

    Release Date: 25/09/2023

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